The EURO

Discussion in 'Forex' started by Ivanovich, Jan 3, 2006.

  1. You are afraid of losing your money, but when you don't risk money, you can't make money. Try setting your stoploss to the monetary loss you are willing to take on that position. Accept that there is a (real) possibility of losing that amount. If you truly accept this, you can walk away, as you can not lose more than your set amount.
     
    #91     Jan 12, 2006
  2. I am having mixed thoughts. I think I will wait to see what the ECB and Trade Data post today. In general, I agree with you, but I am seeing a possible move up first and then down.


    I have the USDJPY passing thru a key support level and it is not bouncing yet either.




     
    #92     Jan 12, 2006
  3. I am long at 1.2107

    Hopefully, it will work out better than Maryland's performance against Duke.
     
    #93     Jan 12, 2006
  4. Oopps. I just added to my long position 2045.


     
    #94     Jan 12, 2006
  5. That's how I make my money, ET!

    Closed at 1.2025. 75 pips.

    Patience is a virtue.
     
    #95     Jan 12, 2006
  6. Nice call on this one LouDogg


     
    #96     Jan 12, 2006
  7. Good Trade Ivanovich.


     
    #97     Jan 12, 2006
  8. I know it looks gloom and doom, but I need to see a clear breakdown of this current level to sway my long decision. I made two very poor entries today. I know it sounds crazy, but I am looking for a close at the end of today somewhere up around 1.2063. Anywhere up in this area and I remain bullish.

    I will be quick to get out if the bottom falls out.

    Good Luck

    DRT
     
    #98     Jan 12, 2006
  9. Cheers. Check the spread widening going on and you'll notice the thought on rates is beginning to change slightly - turning the tide back into the US's favor. For now.

    Edit - the spread on Treasuries to Bunds.
     
    #99     Jan 12, 2006
  10. stopped out, oh well, there is always next time :)
     
    #100     Jan 12, 2006